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Microsoft to Face UK Class Action Over Cloud Computing Licencing

Bloomberg Markets
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Microsoft to Face UK Class Action Over Cloud Computing Licencing

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Microsoft:Microsoft Corp. must face a UK class action trial over allegations it abused its dominant position in the market to overcharge businesses that used the Windows Server operating system and Azure, an antitrust tribunal has ruled.Judges at London’s Competition Appeal Tribunal said the lawsuit on behalf of around 59,000 businesses and organizations had “reasonable prospects of success.” If successful, the lawsuit could see a payout of more than £1.7 billion ($2.3 billion), the claimants have estimated.

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Source: Bloomberg Markets